According to its latest annual report released on Thursday (Jul 30), it has generated an average annual real return of 4.9 per cent for the 20-year period ending March 31, 2015. This marks an increase from the 4.1 per cent it reported a year ago for the 20-year period ended in March 2014. What is the annualised return in S$ in real and nominal terms for the last 20 years, and since the inception of GIC?
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